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Itr for person working in a company and simultaneously running own business

ITR 286 views 5 replies

Dear Sir

I'm working in a company and getting salary. But last year I got GST number and doing business alongwith my job. My question is which ITR should i file ?

Replies (5)

If the business is eligible for presumptive assessment u/s. 44AD, and provided you wish to declare PGBP  income under same, you can go for ITR 4. Otherwise ITR 3.

 

ITR 3 or 4 depending upon nature of business and turnover of business. 

Thank you very much sir. Business is registered but turnover is not more than 2 lakh only last year

Business is registered but turnover is not more than 2 lakh only last year

 

File ITR 4.


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